Foreclosure Nation

Mortgaging the American Dream

Shari B. Olefson, JD, LLM

Statistical Indicators

Case Shiller Home Prices

Posted on Thursday, February 25, 2010

According to the latest S&P/Case-Shiller U.S. National Home Price Index, residential property values were down 2.5 percent in Q4 2009 compared to a year earlier, a significant improvement over the annual variances in the Q1 (-19.0 percent), Q2 (-14.7 percent), and Q3 (-8.7 percent) of 2009, and shows a definite pattern of diminishing declines.Levels now are in line with summer '03